DTCC lists five spot XRP ETFs as November launch anticipation grows https://t.co/M9Egx5Zgxx ...

According to CryptoBriefing, five spot XRP ETFs from Franklin Templeton, Bitwise, Canary Capital, 21Shares, and CoinShares have appeared on the DTCC list — Franklin XRP Trust (XRPZ), 21Shares XRP ETF (TOXR), Bitwise XRP ETF (XRP), Canary XRP ETF (XRPC), and CoinShares XRP ETF (XRPL). They are expected to potentially launch in the U.S. later this month.https://t.co/RH57n003Sy ...

Key Points After a torrid start to the year, XRP is now down 30% from its 52-week high in July. New spot ETFs are expected to launch soon, potentially leading to billions of dollars in new money flowing into XRP. New digital asset treasury companies are starting to amass huge war chests to buy and hoard XRP. 10 stocks we like better than XRP › If you're an XRP (CRYPTO: XRP) investor, it's time to start getting nervous. After hitting a 52-week high of $3.65 in mid-July, XRP is now down more than 2 ...

After a volatile start to October, XRP has been trading mostly flat this week, hovering around $2.43, down 1.5% over the past 24 hours. Despite short-term weakness, on-chain data and market sentiment suggest a potential XRP turnaround may be near. According to CryptoQuant, whales have been moving large amounts of XRP tokens to centralized exchanges since early October. Data from the Whale-to-Exchange Flow chart for Binance reveals a notable surge in deposits beginning Oct. 1, peaking on Oct. 11. This inf ...

Core Viewpoint - XRP has experienced two significant price rallies this year, reaching a high of $3.65 in July, but has not yet surpassed the $4 mark, leading to investor anticipation for a potential breakout in 2025 [1] Regulatory Developments - The regulatory uncertainty surrounding XRP has been alleviated following the conclusion of a legal case in August, where Ripple Labs agreed to pay a $125 million fine, allowing the company to refocus on its business operations [2] - The resolution of regulatory issues is expected to facilitate the approval of new XRP investment products by the SEC, with Bloomberg estimating a 95% chance of spot XRP ETFs being approved this year [3] Market Dynamics - The anticipated launch of new spot XRP ETFs is expected to provide a boost to XRP's price, similar to the impact seen with Bitcoin following the approval of its spot ETFs [4] - However, there is a notable lack of institutional investor enthusiasm for XRP compared to Bitcoin, as evidenced by recent fund flow reports indicating only $69 million flowed into XRP, significantly lower than Bitcoin's $977 million and Ethereum's $772 million [5][6] - The recent launch of the REX-Osprey XRP ETF has not significantly influenced XRP's price, which fell below $3 a week after its introduction, indicating a muted market response [6]

Key Points After hitting a 52-week high in July, XRP has languished in price and now trades for just $3. XRP may get little or no bounce from the expected approval of spot XRP ETFs in October. If Bitcoin fails to rally at the end of the year, it's unlikely that XRP will follow suit. 10 stocks we like better than XRP › Cryptocurrency XRP (CRYPTO: XRP) remains mired in a month-long slump that has seen its price fall below the $3 mark. XRP is now down about 25% after hitting a new 52-week high in Ju ...

ETF Filings - Asset managers including Grayscale, Bitwise, Canary, CoinShares, Franklin, 21Shares, and WisdomTree filed amended S-1s for spot XRP ETFs [1] - Amendments adjust structures to allow XRP or cash creations and cash or in-kind redemptions [1] Regulatory Feedback - Updates are "almost certainly due to SEC feedback," according to Bloomberg ETF analyst James Seyffart [1] - SEC feedback is considered a good but expected sign for the ETF filings [1]